2015年5月21日 星期四

2015-05-22 India Business


Business Today
   
Govt relaxes FDI norms for Indian diaspora   
Business Today
The government on Thursday decided to liberalise foreign direct investment norms for NRIs and overseas citizens of India (OCI) as it aims to increase capital flows into the country. A decision in this regard was taken by the Cabinet Committee on Economic ...

Investments by overseas Indians won't count as FDI   Livemint
Cabinet gives its approval to review FDI Policy on investments by NRIs, PIOs ...   Daily News & Analysis
Government relaxes FDI norms for NRIs, PIOs, OCIs   Business Standard
The Asian Age   
all 55 news articles »   


Firstpost
   
Strides Arcolab to buy Aspen's generics biz for Rs 1910 cr, shares rise 9%   
Firstpost
Strides Arcolab today said it will acquire South Africa's Aspen Pharmacare's portfolio of branded and generics products in Australia for about Rs 1,910 crore. Shares of Strides Arcolab surged as much as 9.30 per cent in intraday trade on Thursday. The stock ...

India's Strides Arcolab buys Aspen's generic drug unit for $380m   Sydney Morning Herald
Strides to buy Aspen units in Oz, Mauritius   Times of India
Strides Arcolab to acquire Aspen's Australia assets   Business Standard

all 46 news articles »   


Daily News & Analysis
   
SpiceJet raises Rs 300 crore, appoints Ajay Singh as CMD   
Daily News & Analysis
What began as rescue of a beleaguered airline some months back has ended in its complete takeover with the induction of original owner Ajay Singh, his wife Shiwani Singh and Harsha Vardhana Singh on the SpiceJet's board on Thursday. Simultaneously ...

SpiceJet plans to raise Rs 300 crore debt   Economic Times
SpiceJet promoters to infuse Rs300 cr in chequered carrier   The Indian Express
SpiceJet to infuse Rs 300 crore; new directors appointed on board   News Nation
The Hans India   
all 44 news articles »   


Sebi ropes in Narayana Murthy to head panel on start-ups   
Economic Times
NEW DELHI: As it prepares a new regulatory framework for startups and alternative investments, regulator Sebi today set up an 18-member panel headed by IT czar N R Narayana Murthy to advise on policy matters in this regard. The Alternative Investment ...


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NDTV
   
Deadline on incentives for early sale of NPAs extended   
Business Standard
The Reserve Bank of India had incentivised lenders for early recognition and sale of non-performing assets (NPAs) by saying the shortfall between the sale value and the net book value can be spread over a period of two years. This facility was earlier ...

Dear Jaitley, watch out for hidden rot in the books of state-run banks   Firstpost
RBI gives more leeway to banks on NPAs sales   Economic Times
Norms on NPA sale to ARC eased   Financial Express

all 13 news articles »   


NDTV
   
RBI eases remittance, ECB norms   
Financial Express
In a step towards liberalising the country's external sector, the Reserve Bank of India announced two measures that would enable higher remittances and also ease the process of raising funds through external commercial borrowings (ECB). The RBI trebled ...

RBI Seeks to Simplify Forex Rules   NDTV
Ease of doing business: RBI hints at simplified forex rules   The Hindu

all 35 news articles »   


NDTV
   
Nifty Likely to Open on a Flat Note; SBI, ITC to be in Focus   
NDTV
The Nifty is likely to open on a flat note in trade on Friday tracking subdued trading of Nifty on the Singapore Stock Exchange. The Nifty which is traded on the Singapore Stock Exchange or the SGX Nifty was trading marginally lower. SGX Nifty was down 0.08 ...

Nifty likely to open marginally in red; Asia opens mixed   Moneycontrol.com
Pre-market: Nifty seen opening flat; ITC, SBI eyed ahead of Q4 results   Economic Times

all 3 news articles »   


The Hindu
   
Sebi charges Murugappa Group chief, 3 others with insider trading   
Business Standard
The Securities and Exchange Board of India (Sebi) on Thursday charged A Vellayan, chairman of the Murugappa Group, and three others with insider trading. In an eight-page order, the regulator alleged Vellayan had passed price-sensitive information ...

SEBI charges Murugappa group chairman Vellayan of insider trading   Daijiworld.com
SEBI charges Murugappa Group chairman with insider trading   The Hindu

all 12 news articles »   


Ola eyes $1-billion gross revenue by next quarter   
Economic Times
BENGALURU: Cab aggregator Ola expects to notch up gross revenue of $1 billion (Rs 6,364 crore) by the next quarter, which will make it only the third Indian startup after online marketplaces Flipkart and Snapdeal to cross the coveted milestone.

and more »   


Livemint
   
Race hots up for Claris' injectables business   
Times of India
AHMEDABAD: Domestic as well as foreign companies are vying to acquire city-based Claris Lifesciences' sterile injectables business. Israel's Teva, US-based Mylan, Cadila Healthcare and Lupin are said to be in race to for the unit, valued at Rs 3,000 crore.
Report: Cadila next in line for injectables bulk-up as it nears deal for Claris   FiercePharma
Zydus Cadila said to be buying Claris' sterile injectables biz as landscape morphs   FiercePharma Manufacturing
Claris Life surges over 10% on buzz of injectable business sale   Economic Times

all 39 news articles »   

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